RTPR Allen & Overy has advised private equity firm Enterprise Investors on the sale of Macon group to Xella Group.  The RTPR Allen & Overy team of lawyers involved in this project was coordinated by Costin Tărăcilă (Managing Partner) with significant support from Andrei Mihul (Managing Associate) and further included lawyers from the Bucharest and London offices. Law firm Popovici Nitu Stoica & Asociatii advised Xella in the transaction....more »

Biriş Goran is pleased to announce that it represented its client, One United Properties in a landmark private placement bond issuance for the development of high end real estate in Bucharest. One United Properties issued 20 million euros bonds maturing at 4 years, through private placement. The bonds will improve the company's capital structure and provide liquidity for new residential developments. This transaction has been finalized within one month of the aquisition of North Gate office building in Pipera, another notable transaction on the real estate market involving the Biris Goran team....more »

PeliFilip assisted the British group, Kingfisher PLC, one of the largest European DIY chains present in Romania through the Brico Depot brand, in the acquisition of Praktiker România, which currently operates 26 units and is one of the largest DIY retailers in the country. Last week, the acquisition of Praktiker by the Kingfisher Group was successfully completed. ...more »

Law firm PeliFilip team provided legal assistance to Banca Transilvania in the largest acquisition on the Romanian banking market this year. On Friday, November 24, Banca Transilvania's representatives signed the acquisition contract for a 99.15% stake in Bancpost and 100% of the shares issued by ERB Retail Services IFN and ERB Leasing IFN, which are part of the Eurobank group. ...more »

RTPR Allen & Overy has advised Wood & Company Financial Services and Raiffeisen Bank as joint bookrunners on the IPO of Sphera Franchise Group and admission to trading on the Bucharest Stock Exchange. The RTPR Allen & Overy team was led by Loredana Chitu (Boeru) (Counsel) supervised by Costin Taracila (Managing Partner) and further comprised Vlad Druta, Mihnea Radu and Marina Giurgica....more »

RTPR Allen & Overy has advised private equity fund ADM Capital on the sale of Brikston Construction Solutions S.A. (previously Ceramica S.A.) to the Austrian group Wienerberger. The transaction is subject to approval by the Competition Council. Brikston Construction Solutions S.A. is one of the major players on the masonry and finishing materials market in Romania, with over 200 employees in the factory in Iasi....more »

PeliFilip assisted the leading European real estate developer UBM in the selling of a logistic park to CTP. The transaction was concluded in September, the value of the investment reaching EUR 17.1 million.  Developed by UBM from 2007 untill 2009, The Chitila Logistics Park (CLP) has a strategically advantageous location and is well-connected to the west of Bucharest. The rentable areas span from 1,750 m² to up to 45,000 m² and can be used for storage, distribution and light industry activities....more »

Albotă Law Firm has assisted the Belgian real estate developer Atenor with the legal matters related to the acquisition of a new site of approximately 11,600 sq.m located in the North-Western part of Bucharest, in the Expozitiei/Piata Presei Libere area. The site will allow Atenor to develop a new office project of approximately 44,000 m². ...more »

PeliFilip assisted the International Investment Bank (IIB) regarding its first EUR 60,000,000 bond issue and its third issue of RON-denominated bonds worth RON 300,000,000 at Bucharest Stock Exchange (BVB), the law firm announced on Thursday. The transaction represents a premiere for the Romanian stock market, being the first issue of EUR-denominated bonds settled in the same currency through the Central Depository system. ...more »

Chinese group WH Group the owner of Smithfield Foods announced the acquisition of two Romanian meat processing companies, Elit and Vericom. WH Group Ltd is the world's largest pig breeding and processing company, ina strong expansion of ...more »